EVN Posts Solid Results

Businessn.a. ♦ Published: August 30, 2012; 17:38 ♦ (Vindobona)

Outlook 2011/12: Group net profit is expected to be at the same level of the previous year. Refinancing syndicated revolving credit facility of € 500.0m.

EVN Posts Solid Results / Picture: © Vindobona.org

Energy sector development
In the first three quarters of 2011/12 (October 1st, 2011 – June 30th, 2012), the valid forward prices for base and peak load electricity rose. The prices for CO2 certificates were almost cut in half during the reporting period. The average price for crude oil (Brent) was above the prior-year level. The natural gas prices for Austria,…

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